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Condo Prices Spike

TAGS: TORONTO CONDO PRICES 2016, CONDO STATISTICS 2016

Condo Prices Spike We weren't expecting to see this happen this spring. The median price has been hovering around $400k for the past year. This spiked to $427k in February. As you can see on the chart below, how unusual it is to have a price jump 5% in a single month. The supply demand ratio also shows a noticeable increase closer to a Sellers market territory. If this remains at this level...Read More

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